23 June 2026, 10:55  Taiwan: TAIEX Retreats from Record High, Ends 1.3% Lower.

The TAIEX, Taiwan’s benchmark stock index, fell 641 points, or 1.3%, to close at 47,101 on Tuesday, snapping a six-session winning streak, as traders took profits after the index hit a record high a day earlier. The broader market retreated from a fresh high of 47,571 reached on Monday, surpassing the 47,000 level for the first time, mainly weighed down by electronic technology stocks, which tracked a tech selloff on Wall Street overnight. Electronic technology stocks shed 1.6%, reversing a 3.1% surge in the previous session, with TSMC, the world's largest contract chipmaker and a company accounting for more than 40% of the market's total value, falling 0.8% after a 3.1% jump on Monday. TSMC surged following reports that it is accelerating its CoWoS rollout, a technology that replaces traditional round wafers. Meanwhile, Delta Electronics dropped 3.2%, while Hon Hai Precision Industry declined 3.4%, after rising 0.9% and 2.2%, respectively, a day earlier.

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